Contraction and Maturation of the PC and Tablet Market
First written in FY2016. 13 of 32 entries say "Restated". Latest entry: 2026-05-15.
Elecom moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2022: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- 2026-05-15RestatedEarnings
「In addition to the increasing maturity of the markets for end products, particularly those related to PCs, smartphones and tablets, and TVs and audiovisual equipment, the emergence of global emerging manufacturers is expected to intensify the competitive environment further.」
The company continues to recognize market maturation and intensifying competition from global emerging manufacturers. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The report states that there have been no material changes to the existing risks related to market maturation and the competitive environment for PCs, tablets and other products. - FY2025WorsenedAnnual report
「In the “PC and digital equipment-related products” that comprise our Group’s business domain, the markets for end products, mainly PCs, smartphones and tablets, and TVs and AV equipment, are maturing. In addition, competition is expected to intensify further as emerging global manufacturers gain ground.」
In addition to the existing maturation of the markets, intensifying competition due to the rise of emerging global manufacturers has continued and become more pronounced. - FY2025-H1WorsenedAnnual report
「Sales in the corporate business were affected by the continued slowdown in semiconductor-related investment demand from the second half of the previous fiscal year. Sales of memory products for industrial equipment declined, and other areas, including reception-related equipment, also struggled due to customer inventory adjustments and other factors.」
The continued slowdown in semiconductor-related investment demand and customer inventory adjustments affected sales of memory products for industrial equipment and reception-related equipment, among others. - FY2024WorsenedAnnual report
「In the “PC and digital equipment-related products” that comprise our Group’s business domain, the markets for end products, mainly PCs, smartphones and tablets, and TVs and AV equipment, are maturing. In addition, competition is expected to intensify further as emerging global manufacturers gain ground.」
In addition to the recognition of market maturation, intensifying competition due to the rise of emerging global manufacturers was explicitly identified as a new factor in the business environment. - FY2024-Q3RestatedAnnual report
「Sales continued to be affected mainly by the challenging competitive environment and weak demand for peripherals, TV and AV equipment, and certain PC-related products, but」
The challenging competitive environment and weak demand for peripherals, TV and AV equipment, and certain PC-related products continued to affect sales. - FY2024-Q2RestatedAnnual report
「Sales were affected mainly by the challenging competitive environment and weak demand for peripherals, TV and AV equipment, and certain PC-related products.」
The challenging competitive environment and weak demand for peripherals, TV and AV equipment, and certain PC-related products continued to affect sales. - FY2023RestatedAnnual report
「Sales were affected by persistently weak demand, mainly for PC-related equipment and TV and AV equipment. In addition, mass retailers had increased their inventories in response to semiconductor shortages and supply chain disruptions during the COVID-19 pandemic. As conditions began to recover, they instead stepped up inventory reductions. In response to this change in the business environment, we also reviewed the sales strategy for certain product groups, resulting in an overall decline in sales.」
While weak demand for PCs, TVs and AV equipment continued, the report described a new shift in demand, with mass retailers reducing inventories in response to the recovery from semiconductor shortages and supply chain disruptions. - FY2023-Q3Weak demand and recovering supply constraints occurring simultaneouslyAnnual report
「Sales were affected by persistently weak demand, mainly for PC-related equipment and TV and AV equipment. In addition, semiconductor shortages and supply chain disruptions during the COVID-19 pandemic caused some lost sales opportunities, particularly in the first quarter, but conditions have since been recovering.」
The report described weak demand for PCs, TVs and AV equipment and lost sales opportunities caused by semiconductor shortages and supply chain disruptions, while stating that supply conditions were subsequently recovering. - FY2023-Q2Lull in demand for PC peripherals, TVs and AV equipmentAnnual report
「The impact of a review of the sales strategy for certain product groups and the continued lull in demand for PC peripherals, TVs and AV equipment resulted in sales remaining at the same level as in the same quarter of the previous year.」
The report continued to state that demand for PC peripherals, TVs and AV equipment had reached a lull. - FY2022WorsenedAnnual report
「We expanded our lineup of new products to improve the telework environment and accessories for schools, where demand for PCs had expanded in connection with the GIGA School Program. However, as the expected demand did not continue, sales of PC-related products for the fiscal year amounted to ¥30,952 million, down 7.5% from the previous fiscal year.」
Demand related to telework and the GIGA School Program did not continue as expected, and full-year sales of PC-related products also declined 7.5% year on year. - FY2022-Q3WorsenedAnnual report
「We expanded our lineup of new products to improve the telework environment and accessories for schools, where demand for PCs had expanded in connection with the GIGA School Program. However, as the expected demand did not continue, sales of PC-related products for the nine months ended 31 December amounted to ¥23,265 million, down 5.8% year on year.」
Demand related to telework and the GIGA School Program, which had been viewed as a factor lifting the overall market through the previous quarter, did not continue as expected, resulting in a 5.8% year-on-year decline in sales of PC-related products. - FY2022-Q1MitigatedAnnual report
「In the PC and digital equipment industries, which are closely related to our Group’s business, the market as a whole continued to be lifted by the promotion of telework in Japan and the impact of the GIGA School Program.」
The report states that the overall market was lifted by the impact of telework and the GIGA School Program, despite the prior maturation of the PC and digital equipment market. - FY2021-Q3MitigatedAnnual report
「The PC and digital equipment industries, which are closely related to our Group’s business, were also affected by the novel coronavirus disease. However, consumer electronics retailers and other outlets have ended their voluntary suspensions of operations, and trade shows in the corporate channel have resumed. Meanwhile, demand for PC-related equipment remains high as telework becomes more widespread.」
Regarding the constraints on stores and corporate channels caused by COVID-19, the description changed to state that voluntary suspensions of operations had ended and trade shows had resumed. Demand for PC-related equipment driven by telework remains high. - FY2021-Q2MitigatedAnnual report
「The PC and digital equipment industries, which are closely related to our Group’s business, were also affected by the novel coronavirus disease. However, consumer electronics retailers and other outlets have ended their voluntary suspensions of operations, and trade shows in the corporate channel are gradually resuming. Meanwhile, demand for PC-related equipment remains high as telework becomes more widespread.」
Regarding the constraints on stores and corporate channels caused by COVID-19, the report described the end of voluntary suspensions of operations and the resumption of trade shows. Meanwhile, demand for PC-related equipment driven by telework remains high. - FY2021-Q1Diverging market trends due to COVID-19Annual report
「In the PC and digital equipment industries, which are closely related to our Group’s business, the impact of the novel coronavirus disease resulted in repeated store closures and voluntary suspensions of operations at consumer electronics retailers and other outlets, while in the corporate channel, trade shows were cancelled and sales agents voluntarily suspended operations. At the same time, demand for PC-related equipment increased as telework became more widespread.」
The report described a divergence in the market: in addition to the market’s existing maturation, stores and corporate channels were constrained by COVID-19, while demand for PC-related equipment increased as telework became more widespread. - FY2020RestatedAnnual report
「In the PC and digital equipment industries, which are closely related to our Group’s business, the domestic PC market has remained on a recovery trend driven by demand for the transition to Windows 10, while the smartphone and tablet device market has matured and is no longer expected to achieve significant growth.」
The report continues to describe the PC market’s recovery trend and the maturation of the smartphone and tablet markets, as well as their limited room for growth. - FY2020-Q3MitigatedAnnual report
「The domestic PC market continued to recover, driven by demand for the transition to Windows 10, while the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
Regarding the PC market, the wording has progressed from the previous “signs of recovery” to “the recovery trend is continuing.” Meanwhile, the maturation of the smartphone and tablet markets and limited room for growth continue. - FY2020-Q1MitigatedAnnual report
「The domestic PC market showed signs of recovery driven by demand for the transition to Windows 10, while the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The PC market showed signs of recovery driven by demand for the transition to Windows 10, while the view remained that the smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2019RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2019-Q3RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2019-Q2RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2019-Q1RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2018ReframedAnnual report
「In the Group's business area of PC and digital equipment-related products, the PC-related and smartphone and tablet markets are becoming increasingly mature, but are expected to continue undergoing transformation driven by technological innovation such as AI (artificial intelligence), IoT (technology that connects all kinds of devices to the Internet) and Industry 4.0 (the Fourth Industrial Revolution).」
The view that the markets had matured was maintained, with the additional assessment that technological innovation driven by AI, IoT and Industry 4.0 would transform them. - FY2018-Q3RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2018-Q2RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2018-Q1RestatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market and the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The view remained that the PC, smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2017WorsenedAnnual report
「Domestic PC shipments were beginning to turn positive year on year, but the smartphone and tablet markets had matured and were not expected to deliver significant growth.」
The PC market showed signs of improvement, while the smartphone and tablet markets had matured and were not expected to deliver significant growth. - FY2017-Q3MitigatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, domestic PC shipments were beginning to turn positive year on year, and signs of a recovery were also beginning to emerge in the smartphone market.」
Domestic PC shipments were beginning to turn positive year on year, and signs of a recovery were also beginning to emerge in the smartphone market. This indicated a shift from the previous market downturn toward improvement. - FY2017-Q2MitigatedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, signs of improvement began to emerge in the domestic PC market, while tablet shipments also turned positive year on year. The smartphone market, however, continued to decline year on year.」
The PC and tablet markets showed signs of improvement, while the smartphone market continued to decline year on year, resulting in differing conditions by market. - FY2017-Q1WorsenedAnnual report
「In the PC and digital equipment industries closely related to the Group's business, the domestic PC market continued to contract, while the tablet market remained challenging and below the prior-year level due to factors including the increasing size of smartphones. The smartphone market also fell below the prior-year level, affected by the discontinuation of devices priced at an effective ¥0 at the government's request.」
In addition to the prolonged weakness in the PC and tablet markets, the smartphone market, which had been considered firm in the previous fiscal year, also fell below the prior-year level. - FY2016First statedAnnual report
「The domestic PC market continued to contract, while the tablet market remained challenging and below the prior-year level due to factors including the increasing size of smartphones. The smartphone market, meanwhile, remained firm, supported by the launch of the iPhone 6s and iPhone 6s Plus.」
The contraction and maturation of the markets were explicitly identified as external-environment challenges.